MSTR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0142%/8h= +15.5% APRnext payment +$1.42 per $10,000 · paid last 24h −0.004%

Price spread now: Paradex against Gate−0.066%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.066% cheaper against Gate than usual: you would sell low and buy high (spread −0.066% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 38 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MSTR_USDT	163.93	0	get 0.0000% / 8h	2h 03m	$4.7M	$19.8M	50x
Short	Paradex MSTR-USD-PERP	163.82	0.0142	get 0.0142% / 8h	2h 03m	$66	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee ParadexbpOrdersPrice spread, now −0.066%Rate

Funding earned: $29.72
Price spread: −0.066% → 0.000%: −$6.65
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Paradex: 2 bp × 2 orders: −$4
Net: $4.07
Costs to cover: 0.190%
Break-even: 6.0 days

Slippage unknown: Gate: live order book, 5 min ago; Paradex: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 5 min ago	2.13 bp	17.7 bp −$18	48.6 bp −$486	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MSTR on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MSTRUSDT	−0.0993%	8h	164.10	+0.104%	$28.4M	$119.1M	25x	as long as short
Gate MSTR_USDTlong	0.0000%	8h	163.93	long leg	$4.7M	$19.8M	50x
Phemex MSTRUSDT	0.0000%	4h	163.51	−0.256%	$2.8M	$78K	10x	as long as short
Aster MSTRUSDT	+0.0016%	8h	163.84	−0.055%	$1.8M	$8.7M	50x	as long as short
Extended MSTR_24_5-USD	+0.0032%	1h	163.75	−0.110%	$511K	$2.0M	10x	as long as short
Injective MSTR/USDC PERP	+0.0033%	1h	169.34	+3.300%	$8K	$26K	30x	as long as short
Vest MSTR-USD-PERP	+0.0036%	1h	163.87	−0.037%	—	$1.8M	25x	as long as short
Arcus MSTR-USD	+0.0040%	1h	164.01	+0.049%	$26K	$113K	10x	as long as short
Polymarket Perps MSTR-USD	+0.0050%	1h	163.81	−0.073%	$378K	$2.7M	10x	as long as short
Ondo Perps MSTR-USD.P	+0.0050%	1h	163.92	−0.006%	$853K	$4.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MSTR-USD	+0.0054%	1h	163.87	−0.037%	$1.3M	$7.3M	10x	as long as short
RISEx MSTR/USDC	+0.0088%	1h	163.94	+0.003%	$264K	$442K	10x	as long as short
Pacifica MSTR	+0.0100%	1h	163.84	−0.056%	$100K	$83K	10x	as long as short
KuCoin MSTRUSDTM	+0.0100%	8h	163.83	−0.061%	$2.4M	$2.7M	20x	as long as short
ApeX Omni MSTRUSDT	+0.0100%	1h	163.95	+0.012%	$5K	$182K	50x	as long as short
Orderly PERP_MSTR_USDC_mythos	+0.0100%	8h	163.90	−0.018%	$2K	$13K	10x	as long as short
Aevo MSTR-PERP	+0.0104%	1h	163.90	−0.016%	$136	—	10x	as long as short
OKX MSTR-USDT-SWAP	+0.0119%	8h	163.89	−0.024%	$20.8M	$101.1M	50x	as long as short
Lighter MSTR	+0.0120%	1h	163.83	−0.061%	$3.5M	$2.0M	10x	as long as short
Paradex MSTR-USD-PERPshort	+0.0142%	8h	163.82	−0.066%	$66	—	5x
Variational Omni MSTR	+0.0147%	8h	164.18	+0.150%	$1.2M	$2.1M	—	as long as short
Coinbase International MSTR-PERP-INTX	+0.0168%	1h	161.52	−1.470%	$1.4M	$1.1M	10x	as long as short
Binance MSTRUSDT	+0.0218%	8h	163.87	−0.037%	$84.1M	$629.1M	50x	as long as short
tradeXYZ xyz:MSTR	+0.0229%	1h	163.76	−0.104%	$54.3M	$37.4M	10x	as long as short
GRVT MSTR_USDT_Perp	+0.0236%	8h	164.07	+0.087%	$79K	$854K	10x	as long as short
edgeX MSTRUSDC	+0.0279%	4h	164.13	+0.122%	$46K	$5.4M	10x	as long as short
Nado MSTR-PERP	+0.0332%	1h	163.78	−0.089%	$131K	$157K	3x	as long as short
BloFin MSTR-USDT	+0.0341%	8h	163.97	+0.024%	$1.0M	$2.1M	20x	as long as short
Phoenix MSTR	+0.0362%	1h	163.89	−0.023%	$56K	$226K	10x	as long as short
Bybit MSTRUSDT	+0.0372%	8h	163.91	−0.012%	$16.9M	$41.9M	50x	as long as short
SoDEX MSTR-USD	+0.0372%	1h	163.86	−0.043%	$43K	$3K	10x	as long as short
Deribit MSTR_USDC-PERPETUAL	+0.0544%	1h	163.90	−0.018%	$279K	$438K	10x	as long as short